Exhibit 5. Increasing Importance of World Trade and Investment to Global Economies World trade and foreign direct investment as a percentage of world GDP, 1980 ... and Development statistics database for foreign direct investment. ... The growing global interconnections of the world’s economies are evident in our daily life. Global trade has increased from 19 percent of world output in 1980 to 29 percent in 2011. Global cross-border investment has increased even more rapidly

experience with inflow/outflow of FDIs as a percentage of World total FDI flows ... of FDI Australia appears to be experiencing an overall downward trend especially ... (direct investor) in an entity resident in another Economy (directinvestment

Exhibit 1 World Stock of Foreign Direct Investment as a Percentage of World Output, 1980 - 2004 1990 1992 1994 1996 1998 2000 2002 2004 Source: United Nations Conference on Trade and Development ... in worldwide production, the stock of cross-border investment has grown four-times faster—from less than six percent of the world's output in the early 1980s to nearly 25 percent ... Cross-border investment has become an increasingly important way

The openness of world economies is likewise reflected in a marked growth of foreign direct investment (FDI). Figure 1 plots annual ratios of total world outbound FDI to total world ... indicates, FDI increased rapidly in the 1980s and 1990s. ...FDI/GDP (percent)

Figure 3. FDI as a percentage of world economic activity: 1913-2005 (in percentage)6 y = -0.0085x6 + 0.2335x5 - 2.4563x4 + 12.329x3 - 29.537x2 + 28.347x R2 = 0.9924 Source: UNCTAD (1994:130). From 1995 onwards extracted from UNCTAD, WorldInvestment ... All things considered, Figure 3 illustrates that while the ratio of FDI in world economic activity was less than 10 per cent in 1913, it is now more than 20 per cent. It provides another piece of evidence for the J-curve. ...world

Chart 5 Foreign Direct Investment as a Percentage of World Total Percent ’70 ’72 ’74 ’76 ’78 ’80 ’82 ’84 SOURCE: WorldInvestment Report, United Nations Conference on Trade and Development. United States China ’86 ’88 ’90 ’92 ’94 ’96 ’98 ’00 ... every one of these nations now has a trade surplus with China. World capital flows into China also reflect the nation’s growing purchases of investment-type goods. As late as 1980, virtually no capital flowed into China from the rest of the world. Last year ... china, united states, world

SOURCE: WorldInvestment Report, United Nations Conference on Trade and Development. SOURCE: WorldInvestment Report, United Nations Conference on Trade and Development. ... so to speak, in terms of the products produced and the direct competition ...world

on the liberalization and expansion of world trade and Foreign Direct Investment (FDI ... Trade imports and exports (in % of GDP), left scale FDI, net inflows (in % of GDP), right scale ... 1). Yet there were also other periods of history when quantitative increases in world